Metaplanet, a Tokyo-listed firm known for its aggressive Bitcoin accumulation strategy, has expanded its crypto treasury with the purchase of 463 BTC worth $53.7 million. The acquisition cements its position as one of the top corporate holders of Bitcoin globally, maintaining 7th place with a total of 17,595 BTC.
Average Buy Price Tops $115,000
The company acquired the latest tranche at an average price of $115,895 per BTC, bringing its total Bitcoin cost basis to $1.78 billion. The average price per coin now stands at $101,422, according to CEO Simon Gerovich.
This move reflects Metaplanet’s long-term strategy to anchor its financial model around Bitcoin, aligning its capital structure with crypto-centric values.
$3.7 Billion Capital Raise Plan Backing the Strategy
Just before the latest BTC purchase, Metaplanet filed to raise up to 555 billion yen ($3.7 billion) through perpetual preferred shares—a funding method designed to fuel ongoing Bitcoin purchases without diluting common shareholders.
CEO Gerovich explained:
“On a Bitcoin standard, the mission is to continuously grow Bitcoin per share. Issuing perpetual preferreds is a highly accretive tool designed to maximize long-term shareholder value.”
This strategy suggests Metaplanet is not just investing in Bitcoin but shifting toward a Bitcoin-native treasury model.
Global Ranking and Market Reaction
With its 17,595 BTC, Metaplanet remains the 7th-largest corporate Bitcoin holder worldwide, behind well-known names such as MicroStrategy, MARA, and Trump Media.
Despite the bullish move, Metaplanet’s stock declined 4.7% by midday Monday on the Tokyo Stock Exchange, likely reflecting market caution or profit-taking.
Bitcoin Price Recovery in Progress
At the time of Metaplanet’s announcement, Bitcoin traded at $114,645, up 0.8% in the past 24 hours, slightly rebounding from a weekend dip.
The acquisition highlights how corporate accumulation remains a powerful demand driver, especially during periods of price consolidation.
The Bigger Picture
Metaplanet’s strategy shows growing corporate confidence in Bitcoin as a long-term store of value. With billions committed and a clear capital-raising framework in place, it signals that Bitcoin treasury adoption is expanding beyond U.S. firms—reaching Asia’s capital markets with increasing conviction.
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Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.